Question: please clearly answer and bold the final answer. i will rate Roundtree Software is going public using an auction IPO. The firm has received the
Roundtree Software is going public using an auction IPO. The firm has received the following bids: Roundtree had previously believed it would issue 2,000,000 shares; however, if Roundtree decides to issue an extra 534,000 shares (for a total of 2,534,000 shares), how much total money will it raise? Roundtree will raise a total amount of \& million. (Round to one decimal place.)
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